Which funds made the best start to 2019?

equities equity funds FE Analytics australian equities US equities global property Asian equities Ausbil Australian Geared Equity

7 January 2020
| By Chris Dastoor |
image
image
expand image

Looking back to the start of last year, it was the Australia geared sector that led the way in Q1 2019.

According to FE Analytics, within the Australian Core Strategies universe, the top five sectors were Australian geared equities (16.76%), North America equities (13.29%), global property (12.43%), specialist equities (11.94%), and Asia Pacific ex Japan equities (11.59%) for Q1 2019.

Top five best performing sectors over the three months to 29 March 2019

The best performing fund in the Australian geared sector was BetaShares Geared Australian Equity Hedge which returned 24.17% in Q1 2019.

Rounding out the top five was Ausbil Australian Geared Equity (23.92%), CFS Wholesale Geared Share (22.71%), OnePath Wholesale Geared Australian Shares Index Trust B (21.24%) and CFS Acadian Wholesale Geared Australian Equity (20.89%).

In its quarterly report from March, Ausbil said the first quarter of 2019 saw the Australian equity market deliver its best performance since September 2009.

“Challenging conditions continue to temper optimism, and global downside risks remain,” it said.

“Lower interest rate expectations contrast strong quarterly performance within commodity and equity markets.

“Domestically, small-cap stocks (S&P/ASX Small Ordinaries Accumulation Index: +12.6%) outperformed the large-cap (S&P/ASX 200 Accumulation Index: +10.9%) and mid-cap (S&P/ASX MidCap 50 Accumulation Index: +9.8%) stocks.”

Top five Australian geared equity funds over the three months to 29 March 2019

 

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

54 minutes 54 seconds ago

Interesting. Would be good to know the details of the StrategyOne deal....

4 days 5 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 4 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

3 days 3 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 6 hours ago